Launching a startup is no cakewalk. From determining how to set up your company to snagging your first hire and figuring out how to scale, there is plenty of room for error. What makes some entrepreneurs' experience smooth sailing is taking the time to listen to people who have done it before.

Since the recent recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. I believe the days of the “job work” mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.

I call this train of thought "Idea Roulette". The wheel of ideas in your head spins and spin and spins. There's excitement in the air as people cheer, cocktails splash out of glasses and someone drops their phone out of pure excitement. The yelling intensifies as the wheel winds down to its next choice. "This is it! This will be the one!" you insist. After all, after a few misses you deserve a big paycheck. And this spin "just felt right".

The Founder Institute is the world's largest entrepreneur training and startup launch program, helping aspiring founders across the globe build enduring technology companies. Based in Silicon Valley and with chapters across 50 countries, the Founder Institute has helped launch over 1,563 companies in 5 years. The company's mission is to "Globalize Silicon Valley" and build sustainable startup ecosystems that will create one million new jobs worldwide.